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NFRA flags audit evidence gaps weak ECL validation and ineffective EQCR reviews at BSR Affiliates Network

Inspection finds inadequate documentation independence lapses and inconsistent quality controls across BSR network firms firms say remediation underway.

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India’s consumer sector sees funding dip but deal activity surges in FY26

Indian consumer sector investment declined in FY26. Investors are now favoring smaller, diversified deals over large bets. Deal volume, however, increased significantly. This indicates a market shift towards sustainable growth and operational discipline. Mega deals are absent, but early-stage funding…

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Iran conflict and global risks slow GCC expansion in India

Global geopolitical tensions are impacting new technology center openings in India. While the number of new centers slowed, existing ones are expanding. Experts predict continued growth in greenfield centers if uncertainties ease. The GCC ecosystem is steadily rising, driven by…

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US seizes Iranian cargo ship, Tehran vows to retaliate

America has seized an Iranian cargo ship. Iran has vowed to retaliate. This action threatens the ongoing ceasefire. Peace talks are also in doubt. Iran will not participate in further negotiations. Global oil prices have reacted to the news. The…

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FMCG sector set for steady Q4 on rural demand and volume growth

The FMCG sector anticipates a steady March quarter, buoyed by stable rural demand and urban recovery, despite subdued pricing in some segments. While raw material costs were supportive for most of the quarter, recent increases in crude-linked inputs may impact…

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I-T Dept finds 'discrepancies' in declaration of assets by TMC MLA: Report

The Income Tax Department has uncovered discrepancies in assets declared by TMC MLA Debashis Kumar. Seizures from his home during recent raids revealed jewellery and bullion not matching his election affidavit. The department has reported these findings to the Election…

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  • Warren Buffett is giving away $140 billion to charities. But what happens to the taxes?

    Warren Buffett plans to give away his $140 billion stake in Berkshire Hathaway by 2034, donating 12 million shares to four foundations. He emphasises his children's responsibility in managing the wealth while facing criticism over the effectiveness of foundations for aiding vulnerable Americans.

  • Income-tax returns: What is the last date to file your ITR? Here are 5 key things taxpayers should know…

    ITR deadline: While the overall e-filing process has become quicker, the process can be daunting for first-time filers. Here are five key things taxpayers should know to prepare before filing ITR.

  • EPFO underpaid EPS pension by ₹1,350; consumer commission orders refund with interest

    A consumer commission ordered EPFO to refund ₹1,350 plus interest after miscalculating an employee's EPS withdrawal benefit. The commission ruled that EPFO used the wrong factor for calculations, leading to a shortfall in the payout. Details here.

  • Financial freedom at 32, but at what cost? The ₹4.5 crore health warning

    A 32-year-old struggled with health due to long work hours and poor self-care, leading to a diabetes and hypertension diagnosis. His story highlights the relationship between health and financial risk, emphasizing the need for professionals to prioritize well-being alongside career goals.

  • Annapurna Bhandar payment status: Where to complain if money is not credited | Check helpline no & email id

    Women awaiting payments from the Annapurna Bhandar scheme are checking the status of their funds. The scheme replaces the Lakshmi Bhandar and offers helpline numbers for assistance. Possible reasons for delayed payments include banking issues and incorrect application information.

  • Did not file your ITR yet? Why waiting for a deadline extension could hurt your wallet

    Missing the ITR deadline leads to penalties and interest on the unpaid taxes where applicable. Here's why a due date extension is unlikely this year and hence taxpayers should consider filing their tax returns on time. 

  • EPFO: How members can check provident fund, pension claim status using portal, Umang app, SMS or missed call

    EPFO: Today, look at how EPF subscribers can check their claim status — for provident fund withdrawal, transfer, or pension fund — in real-time using the official portal, Umang mobile app, SMS and missed call options.

  • ITR filing 2026: Can professionals and business owners change their tax regime every year?

    The new tax regime is the default for taxpayers, with salaried individuals able to choose annually. Business income taxpayers face restrictive rules, allowing a one-time switch between regimes. 

  • FD at PSU banks vs private banks vs SFBs: Highest interest rates for senior citizens | Check list here

    Fixed deposits offer senior citizens stable returns, protecting their savings from market volatility. Leading small finance banks provide competitive rates for different tenures. 

  • How to pay income tax online? Step-by-step guide and payment modes available

    The e-pay tax facility is a convenient option to pay taxes online as it allows payments via both pre-login and post-login options, and supports multiple payment methods. Details here. 

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